Explore AI News & Applications, and Shape the Future of the Generative AI Community!"

Hi Enthusiasts of all things AI! Welcome to our bi-weekly newsletter, *[Your Prompt- to be named]*, where we dive deep into the every scaling world of Artificial Intelligence and Generative AI. With a growing community of over 500,000 curious minds like you, we're thrilled to embark on this exhilarating journey together.

We are here to help you discover, learn, and grow in the lightning-fast world of AI. From the fascinating realm of Generative AI to the latest advancements in the field, this weekly newsletter is your gateway to unlocking the potential of artificial intelligence.?

To start, the essence of any community is identity and with that, we want to hear from YOU on what we should name our bi-weekly newsletter, and a lucky winner could win an Nvidia Geforce 3080 Graphics card. (If you don’t like it, you can donate it to your local gamer) Let us know here - we’ll gladly share where we landed in the next newsletter - as well as the top finalists.! OK, enough already … let’s dive in:

What’s Hot:

• DataBricks acquires 2year old Mosaic ML for $1.3B - Startups, this is not the dotcom, but bringing AI to Data is smart.
• Mckinsey says - AI is poised to unlock $2.6-$4.4T in Economic Value, annually. - +1 for the consultants, as the economic value unlocked is real and will only fuel the valuation of startups and large companies that can tap the value of AI for their enterprises.
• Inflection, the maker of PI, announces $1.3B in funding to build the largest AI cluster in the world - 22K NVIDIA H100 Tensor Core GPUs.
• A16z - A Stack emerges - AI and LLMs (a key dimension of AI)? are redefining the technology landscape and while cloud is hot, these advancements are forcing a different conversation around distributed deployment models.

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_Applying AI

There is a top 10 list for everything, right? When it comes to AI projects, what are the top reasons projects fail - check it out. We don't necessarily agree with all 10, but the consistent theme is context (lack thereof), data (readiness/availability) and an understanding of how to apply the results.

Last week, McKinsey & Co. released two great write up's that have helped us to see a lens into how AI will shape our world The Next Productivity Frontier; from work impact (60-70% of the time), economic value creation ($2.6T - $4.4T), with an impact studied across 63 use cases in depth. And secondly, What every CEO should know about generative AI, From understanding, use cases, and the CEO's role in AI.

Why it matters: AI is only as good as the Context it has. By definition, the [Prompt] is that context, but more importantly, the context is the setting your company operates in from end-to-end. When you understand this, you can quickly see how and where to leverage AI for impact. Share with us your favorite, most creative, and or impactful prompt (and why) - we’ll be glad to feature it.

_AI Snippets: The Latest & Greatest from the World of AI this week

Databricks announces the acquisition of MosaicML ($1.3B, 2 years old), a machine learning platform that enables data scientists to quickly and efficiently build, optimize, and deploy ML models. Mosaic's leading LLM capabilities MPT-7B with over 3M downloads and recently launched MPT-30B are used by many leading enterprises to build Generative AI use cases.

Why it matters: ML models (LLMs, predictive, etc) require data. Databricks has over 9000+ customers using their Lakehouse capabilities, bringing AI to Data makes it easy for customers to leverage AI quickly. Stop stacking tools, build models, and deploy models into production and get value.

Oracle is full steam ahead with AI - they announced the launch of Generative AI capabilities, an embedded AI-powered chatbot, into their HR software. This breakthrough technology allows HR agents to instantly answer basic queries from employees in a conversational manner. ChatGPT understands and interprets conversational language, making it easier and faster for HR agents to respond to employee questions.

Why it matters: Workflow-based applications have a massive opportunity to take embedded AI into their existing offerings and give customers new value overnight. The familiarity of the application is one thing, the unlocking of the data in a new way is sticky - Chatbots get real and the AI transformation signals a start.

Microsoft announces the launch of its AI For Health program to accelerate the advancement of healthcare through Artificial Intelligence. The initiative will provide $60 million in grants over the next five years to support research and development in this field.

Google launches Google AI for Social Good, an initiative that will use artificial intelligence to tackle some of the toughest challenges facing our world today. The effort will focus on areas such as natural disaster response, climate science and health care.

Why it matters: The use of AI in healthcare is quickly becoming ubiquitous as more companies recognize its potential for improving patient outcomes and reducing costs associated with medical errors. The same can be said for improving outcomes with climate and natural disaster response.

_The Stack

A highlight of emerging trends or thought pieces by leading teams around the world.

First up: Andreessen Horowitz: Emerging LLM App Stack

As the landscape of AI for the Enterprise continues to be written, Andreessen Horowitz aimed to provide a framework we can anchor on on our journey to production and beyond.

Why it Matters: With any technology deployment (so new), defining reference patterns and architectures has always helped usher in the placement of where technologies, tools, and teams have anchored to drive repeatable adoption. Further, it supports many investment theses we see today.

The Next Battle in AI: Open vs. Closed Systems for ChatGPT** (Source: Axios)

Why it Matters: As AI advances, the debate between open and closed systems in the context of ChatGPT becomes a key focus, raising questions about transparency, ethics, and the future of AI communication.

Two nuggets:? Easy, Fast, and Cheap LLM Serving - vLLM - sites 24x improvement of Hugging Face Transformer w/o any model architecture changes.

Chatbot Leaderboard - Spend some time doing side-by-side comparisons on available models.

_The Buzz

The great thing about AI, much like any technology, is that it’s not bound to any one location. The hype and excitement are localized but galvanized at a worldwide level because you are in the flow, and in the know.? NFX put a great video to showcase the excitement brewing in San Francisco - check it out.

In each newsletter, we’ll share a piece from another region, so if you are close to a collaborative talent space, share it and we’ll feature it.

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Stay tuned for more insights, news, and resources in our next issue! Until then, keep exploring and learning. Don't forget to share *[The Prompt - to be named]* with friends, colleagues, and fellow AI enthusiasts to keep the conversation going. ??

Meme of the week: When ChatGPT gets angry!